2005 
Due to new Insurance Law and IAS.
22 Insurance companies have lost their insurance licences.
This has lead to significant stabilization of insurance market.
2004
Current Insurance Law was introduced as well as IAS.
Insurance supervision has been entrusted to the National Bank of Serbia .
1996
Dunav Re and DDOR Novi Sad resumed their outwards reinsurance programmes.
Introduction of a new Insurance Law.
1995
UN sanctions were suspended in November 1995.DDOR Novi Sad absorbed Vojvodina Re to become an integrated insurance and reinsurance company.
1992
UN sanctions, which were imposed in May, prohibited all international business relationships and specifically forbade the transfer of reinsurance premiums and the settlement of outstanding claims.
Denied the benefit of their international reinsurance protections, the Yugoslav companies set up a domestic reinsurance pool, administered by Dunav Re. Hyperinflation set in, reaching a level of 116 trillion per cent in 1993.
This reduced the value of insurance companies' technical reserves to nil and virtually destroyed the concept of insurance.
The devaluation of the minimum capital requirement allowed around 60 private insurance companies to be established, mainly focused on the cash flows available from cut-price motor third party liability insurance.
1991
The break-up of the former Yugoslavia converted Dunav, DDOR Novi Sad and Lovcen from regional insurance companies to national ones.
It also had the effect of cutting parent companies off from their branches in other republics, which then formed the basis for new local insurance companies.
Thus the Triglav branches became a new Serbian insurance company called Kopaonik, the Sarajevo branches became Kolubara and the Makedonija branches become Morava.
1990
A new Companies Act was passed. This forced the insurance companies to convert to joint stock status with a minimum capital of one million deutschmarks. The newly issued shares, which were mainly sold to other socially-owned companies, represented only a small part of insurers total equity, however, and the majority 'social owned capital' effectively became an orphan asset.
The new Companies Act also allowed the establishment of privately owned insurance companies for the first time.
1976
A law was passed forcing the separation of insurance and reinsurance activities.
Vojvodina Re was established in Novi Sad and Dunav Re in Belgrade.
1961
The DOZ monopoly was abolished.
The DOZ regional offices in each of the constituent republics of the former Yugoslavia were turned into local insurance companies.
These included Dunav in Serbia, DDOR Novi Sad in Vojvodina, Kosmet in Kosovo and Lovcen in Montenegro.
The newly established insurance companies were all 'socially-owned', meaning that the capital was effectively self-generated, whilst the management was left in the hands of politically appointed directors and, to a lesser extent, their employees.
The various republican insurance companies began to establish branches in neighbouring republics.
The Slovenian company Triglav, the Croatian company Croatia, the Bosnian company Sarajevo and the Macedonian company Makedonija all established branches in Serbia.
1945
Insurance in communist Yugoslavia became a state monopoly conducted by a single organisation called DOZ (State Insurance Company)
